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Provincial legislation will not let a member lose $40,000 of benefits. i) Can the extra $40,000 be considered as AVCs under the DB provision or can we construct a DB design that gives the higher of the DB and DC (in a way acceptable to CCRA, such as the DC value + the excess of the DB over the DC). ii) When we say the amount transferred must be to fund benefits provided under the defined benefit provision, do we mean on a going concern basis, on a solvency basis or on the higher of the 2? ...

The investment is not a “qualified investment” as defined under the Income Tax Act, even though the promoter may arrange for a lawyer or accountant to “certify” that the shares are considered a qualified investment. ...

They are considered pensionable earnings for the purposes of a benefit accrual under an employer-sponsored registered pension plan. ...

The suggestions, which we have considered in designing our process, related to the priority we should give certain types of submissions and the key elements of pension plans that we should review as part of our comprehensive review. ...

Specifically subsection 8308(7) of the Regulations provides that where: an employee of the lending employer works for the borrowing employer and receives remuneration from the borrowing employer; and while the employee works for the borrowing employer, the employee either continues to accrue benefits under the DB provision of the lending employer or the lending employer continues to make contributions to an MP provision on the employee’s behalf, the following rules apply: the borrowing employer is considered to be a prescribed employer for the purposes of the definition of a participating employer under subsection 147.1(1) of the Act; the employee’s benefit accrual for a year under a DB provision of the plan is to be calculated by both the lending and borrowing employers in proportion to the remuneration received by the employee from each employer; and contributions made by the lending employer that are in respect of remuneration received from the borrowing employer, are deemed to have been made by the borrowing employer and therefore are included in the PA from the borrowing employer. ...

Short-term accommodation for attendees is considered a related convention supply only if it is included in their admission. ...

When a taxidermist uses very little of the fish, the final product is also considered to be a fish replica, and therefore the sale of the replica is a sale of property. ...

The goodwill is considered to be an eligible capital expenditure, which is treated in a manner similar to assets eligible for CCA. ...

The context of the transaction as a whole indicates that the main objective of the non-profit organization may be considered to supply the ticket providing the right to attend the amateur performance and not to supply the bus ticket. 6. ...

Where such is the case, each business must be considered separately where it is necessary to determine the date of commencement of one of the businesses. ...